Executive interview – Seneca Income & Growth Trust

Published on 16 March 2020

Seneca Global Income & Growth Trust (LSE:SIGT) was launched in 2005 and adopts a multi-asset value investing approach, aiming to generate income and capital growth with low volatility by investing in a multi-asset portfolio of equities, fixed income and specialist assets. Since July 2017, SIGT’s performance has been benchmarked against CPI +6%. Annual dividends have increased each year since 2013. On 1 August 2016, SIGT adopted a discount control mechanism aiming to ensure its share price trades very close to NAV.

In this webcast, one of SIGT’s fund managers, Gary Moglione, discusses some of the recent transactions in the portfolio. He then explains the differentiated fund-selection process and how the investment team is navigating the current market volatility, before discussing SIGT’s diversification and highlighting where he is finding value in the markets.